Tata Consultancy Services (TCS), India’s largest information technology service provider, has decided to join hands with a leading European accelerator Startupbootcamp FinTech, to host Pitch Days in India. Pitch Days will be held on the TCS campuses on Tuesday and Thursday in Mumbai and Bengaluru respectively.
The one-day event will be open for finance tech early-stage start-ups. Out of which 10 startups will be chosen and offered an opportunity to participate in the 13-week Startupbootcamp FinTech accelerator programme in London or Singapore to present their venture in front of a selected group of mentors, investors and banking professionals.
The selected startups will benefit in:
- Receiving valuable feedback to improve product, business model and pitching skills
- Access top markets in London, US and Asia Pacific
- EUR 15,000 in cash per team
- EUR 450,000 in partner services and three months of free office space
- Exposure to 200 angels and venture capitalists
- Invitation to Startupbootcamp global alumni network.
“We encourage startups, at whatever stage in their early development, to apply to join us for the unprecedented opportunity to connect with the Startupbootcamp FinTech global community and have access to worldwide opportunities. The work that we’re doing with partners like Tata Consultancy Services validates the need for accelerator programs to reach countries like India,” said Markus Gnirck, co-founder and global chief operating officer of Startupbootcamp FinTech.
K Ananth Krishnan, chief technology officer of TCS, said, “India has a rich history of promising startups and we believe that programs like this will benefit the thriving technology community in India and help to showcase the country’s tremendous enterprise to the global investing community.”
Under its Co-Innovation Network(COIN) started in 2014, a large number of start-ups have been put through stringent de-risking process to work on innovative solutions with TCS and its customers.
Companies such as Wipro, Infosys and Cognizant have also been engaging with startups that are geographically well distributed to focus on new and exciting technology.